About Direct Route Fermoy
On June 11th 2004, the National Roads Authority signed a Public Private Partnership (PPP) Contract with DirectRoute (Fermoy) Ltd. DirectRoute (Fermoy) Ltd is a special purpose company that has been formed for this project and is owned by Lagan, Roadbridge and Sisk (Irish construction companies), KBR and Strabag (international construction companies) and Bank of Scotland and First Irish Infrastructure Fund.
| Company Name | Direct Route (Fermoy) Limited |
| Legal form | Limited Liability Company |
| Place of Registration | Ireland |
| Company Number | 382954 |
| Registered Office | Richmond House,
Richmond Hill, Fermoy, Co.Cork |
Background & History
Under the PPP Contract, DirectRoute (Fermoy) Ltd is responsible for the financing, design, construction, operation and maintenance of the Rathcormac-Fermoy Bypass for the 30 year period of the contract. At the expiry of the contract the bypass will be handed back to the National Roads Authority and Cork County Council.
1. DirectRoute (Fermoy) Limited
The PPP Company responsible for design, build, financing and operating the motorway until 2034 is owned by seven internationally renowned companies:
2. The
Intolligent Ltd
The operator being contracted by DirectRoute (Fermoy)
Limited to operate the tolling facilities and collect
revenues is owned by:
Both these companies are owned by EFKON AG (Austria).
Partners
